{ "ticker": { "uuid": "5dbe32cb-f119-4ad6-97bf-9a4997c93246", "symbol": "YUM", "name": "Yum! Brands, Inc.", "exchange": "VIE", "country": "AT", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "^ATX", "stage": 3, "stage_name": "Distribution", "phase": "3c", "phase_label": "Stage 3C \u00b7 Breakdown watch", "transition": "stage_3_to_4_watch", "transition_label": "Stage 3 \u2192 4 watch", "confidence": 70.974, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Upper balance after advance", "architecture_gate": "mixed", "architecture_direction": -27.489, "architecture_energy": 24.487, "architecture_maturity": 36.246, "architecture_confidence": 62.333, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "Directional pressure has compressed into balance.", "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base." }, "scores": { "balance": 56.36, "rotation_up": 22.68, "upward_expansion": 12.47, "deceleration": 61.22, "rotation_down": 59.41, "downward_expansion": 47.14 }, "activity_lines": [ 133.21, 135.208181, 134.402954, 134.583338 ], "activity_state": "Compressed", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": -0.333333 }, "latest_close": 130.899994, "trend_reference": 134.680996, "distance_from_trend": -0.028074, "trend_direction": "Improving", "fair_value": 123.726119, "distance_from_fair_value": 0.057982, "fair_value_direction": "Weakening", "relative_strength": -18.426673, "relative_strength_direction": "Weakening", "price_momentum": -0.035657, "excess_performance": -0.209904, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.028074, "read": "Below" }, { "label": "Trend direction", "positive": true, "value": 0.01734, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.057982, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.023461, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.184267, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.057175, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.035657, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.760811, "read": "Supply-led" } ], "volume": { "latest": 0, "relative_activity": 0.0, "balance": 0.760811, "dry_up": 2.852449, "accumulation_observations": 2, "distribution_observations": 1 }, "risk": { "range_context": 0.046125, "annualized_volatility": 0.206002, "from_high_reference": -0.11194, "from_low_reference": 0.130562 }, "levels": { "trend_reference": 134.680996, "fair_value_reference": 123.726119, "structural_low": 126.833438, "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration." }, "outcomes": [ { "horizon": "Near term", "sample_count": 16, "median_return": 0.014696, "positive_rate": 0.6875, "directional_follow_through": 0.6875, "median_excess_return": 0.008741, "regime_survival": 0.5625, "best_return": 0.083163, "worst_return": -0.041635, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 7, "median_return": 0.039292, "positive_rate": 0.714286, "directional_follow_through": 0.714286, "median_excess_return": 0.0382, "regime_survival": 0.142857, "best_return": 0.077936, "worst_return": -0.074829, "sufficient": true }, { "horizon": "Extended", "sample_count": 5, "median_return": 0.050203, "positive_rate": 0.6, "directional_follow_through": 0.6, "median_excess_return": 0.022402, "regime_survival": 0.0, "best_return": 0.138629, "worst_return": -0.012603, "sufficient": true }, { "horizon": "Full cycle", "sample_count": 3, "median_return": 0.073968, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": -0.017126, "regime_survival": 0.666667, "best_return": 0.101397, "worst_return": 0.053863, "sufficient": false } ], "ledger": [ { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2024-11-15", "end": "2024-11-29", "tenure": "New", "return": 0.025999, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-12-06", "end": "2025-01-10", "tenure": "Developing", "return": -0.072513, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-17", "end": "2025-02-14", "tenure": "Developing", "return": 0.151082, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-02-21", "end": "2025-04-04", "tenure": "Developing", "return": -0.028532, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-04-11", "end": "2025-06-13", "tenure": "Developing", "return": 0.002043, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-06-20", "end": "2025-09-19", "tenure": "Established", "return": 0.03904, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-09-26", "end": "2025-11-28", "tenure": "Developing", "return": 0.024287, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-12-05", "end": "2026-03-27", "tenure": "Established", "return": 0.074412, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-04-03", "end": "2026-05-29", "tenure": "Developing", "return": -0.049388, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2026-06-05", "end": "2026-06-19", "tenure": "New", "return": 0.017679, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-06-26", "end": "2026-06-26", "tenure": "New", "return": 0.0, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2026-07-03", "end": "2026-07-10", "tenure": "New", "return": 0.005903, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-07-17", "end": "2026-07-24", "tenure": "New", "return": -0.02819, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2026-07-31", "end": "2026-08-07", "tenure": "New", "return": -0.023499, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 111.500885, "volume": 0, "typical_volume": 113.5, "trend": 114.593557, "fair_value": 98.636754, "relative_strength": 0.158857, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -25.429057, "energy": 24.393314, "activity_lines": [ 113.9891, 114.652646, 115.627002, 115.35392 ] }, { "date": "2023-08-25", "close": 113.563988, "volume": 0, "typical_volume": 113.5, "trend": 114.741236, "fair_value": 98.902467, "relative_strength": 2.573681, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -14.178111, "energy": 28.688416, "activity_lines": [ 113.63275, 114.286917, 115.398117, 115.287496 ] }, { "date": "2023-09-01", "close": 112.908966, "volume": 0, "typical_volume": 109.25, "trend": 114.876365, "fair_value": 99.168418, "relative_strength": -0.279262, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -29.038446, "energy": 41.280797, "activity_lines": [ 113.183095, 113.920592, 115.103912, 115.169285 ] }, { "date": "2023-09-08", "close": 112.060738, "volume": 0, "typical_volume": 105.0, "trend": 114.812999, "fair_value": 99.442981, "relative_strength": -0.155419, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -35.946728, "energy": 48.618604, "activity_lines": [ 112.672542, 113.475041, 114.737102, 114.987631 ] }, { "date": "2023-09-15", "close": 114.369812, "volume": 0, "typical_volume": 99.5, "trend": 114.811746, "fair_value": 99.726771, "relative_strength": 0.669858, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -26.47726, "energy": 26.654494, "activity_lines": [ 113.163185, 113.56702, 114.613753, 114.959039 ] }, { "date": "2023-09-22", "close": 110.835518, "volume": 0, "typical_volume": 54.15, "trend": 114.748512, "fair_value": 99.993366, "relative_strength": -1.52588, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.948265, "energy": 45.565214, "activity_lines": [ 112.481398, 113.013683, 114.171245, 114.702508 ] }, { "date": "2023-09-29", "close": 111.118256, "volume": 0, "typical_volume": 41.4, "trend": 114.667954, "fair_value": 100.252161, "relative_strength": -1.406882, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -63.374968, "energy": 47.601787, "activity_lines": [ 111.938215, 112.546017, 113.782826, 114.468298 ] }, { "date": "2023-10-06", "close": 106.641487, "volume": 0, "typical_volume": 41.4, "trend": 114.531477, "fair_value": 100.478846, "relative_strength": -3.75769, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -82.847942, "energy": 71.251688, "activity_lines": [ 110.065825, 111.342961, 113.001417, 113.950461 ] }, { "date": "2023-10-13", "close": 104.285286, "volume": 0, "typical_volume": 37.15, "trend": 114.306507, "fair_value": 100.662954, "relative_strength": -6.490113, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -87.392079, "energy": 87.03638, "activity_lines": [ 107.825866, 109.885962, 112.056293, 113.289417 ] }, { "date": "2023-10-20", "close": 107.489716, "volume": 86, "typical_volume": 41.45, "trend": 114.19395, "fair_value": 100.870163, "relative_strength": 0.075163, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -64.609449, "energy": 79.582142, "activity_lines": [ 107.172414, 109.216096, 111.457857, 112.849624 ] }, { "date": "2023-10-27", "close": 106.594353, "volume": 0, "typical_volume": 37.2, "trend": 113.973793, "fair_value": 101.095465, "relative_strength": -0.247286, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.732819, "energy": 80.168682, "activity_lines": [ 106.679181, 108.510076, 110.822052, 112.359327 ] }, { "date": "2023-11-03", "close": 110.741264, "volume": 182, "typical_volume": 46.3, "trend": 113.900262, "fair_value": 101.329091, "relative_strength": -1.662863, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -61.288721, "energy": 52.294688, "activity_lines": [ 107.850996, 108.647249, 110.627777, 112.150777 ] }, { "date": "2023-11-10", "close": 109.79879, "volume": 0, "typical_volume": 42.05, "trend": 113.739333, "fair_value": 101.542627, "relative_strength": -3.002487, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -45.19292, "energy": 32.271057, "activity_lines": [ 108.733786, 108.664386, 110.388219, 111.886166 ] }, { "date": "2023-11-17", "close": 110.317139, "volume": 0, "typical_volume": 37.8, "trend": 113.516372, "fair_value": 101.745834, "relative_strength": -4.614356, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -38.974601, "energy": 22.854474, "activity_lines": [ 109.578871, 108.832316, 110.23248, 111.665379 ] }, { "date": "2023-11-24", "close": 110.835518, "volume": 0, "typical_volume": 37.4, "trend": 113.276478, "fair_value": 101.944356, "relative_strength": -3.530304, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -31.766042, "energy": 24.578955, "activity_lines": [ 110.194626, 109.126199, 110.165239, 111.492421 ] }, { "date": "2023-12-01", "close": 109.466591, "volume": 86, "typical_volume": 37.7, "trend": 113.040716, "fair_value": 102.148912, "relative_strength": -6.40051, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -32.030023, "energy": 20.287711, "activity_lines": [ 110.131019, 109.235446, 109.983743, 111.246622 ] }, { "date": "2023-12-08", "close": 109.608681, "volume": 0, "typical_volume": 37.7, "trend": 112.756817, "fair_value": 102.353007, "relative_strength": -6.282198, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -30.84692, "energy": 16.818164, "activity_lines": [ 109.923293, 109.395417, 109.831272, 111.0252 ] }, { "date": "2023-12-15", "close": 112.024429, "volume": 86, "typical_volume": 38.0, "trend": 112.511455, "fair_value": 102.560808, "relative_strength": -5.424551, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -7.648175, "energy": 8.954266, "activity_lines": [ 110.596321, 110.022062, 109.936638, 110.977949 ] }, { "date": "2023-12-22", "close": 111.598122, "volume": 0, "typical_volume": 34.0, "trend": 112.464682, "fair_value": 102.771937, "relative_strength": -6.629757, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -6.423248, "energy": 9.165824, "activity_lines": [ 110.978871, 110.473324, 110.021461, 110.919024 ] }, { "date": "2023-12-29", "close": 111.834953, "volume": 0, "typical_volume": 22.0, "trend": 112.274197, "fair_value": 102.976865, "relative_strength": -6.990296, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -2.254173, "energy": 12.100315, "activity_lines": [ 111.354966, 110.834687, 110.147578, 110.878397 ] }, { "date": "2024-01-05", "close": 110.650764, "volume": 170, "typical_volume": 30.5, "trend": 112.083312, "fair_value": 103.188726, "relative_strength": -7.727415, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -5.142446, "energy": 14.917141, "activity_lines": [ 111.269702, 110.901738, 110.173392, 110.773659 ] }, { "date": "2024-01-12", "close": 111.124451, "volume": 85, "typical_volume": 34.75, "trend": 111.784744, "fair_value": 103.395847, "relative_strength": -6.417213, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -6.314501, "energy": 16.131203, "activity_lines": [ 111.26339, 110.981161, 110.248366, 110.711797 ] }, { "date": "2024-01-19", "close": 113.777023, "volume": 85, "typical_volume": 39.0, "trend": 111.676187, "fair_value": 103.622373, "relative_strength": -2.690063, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 34.348212, "energy": 38.428641, "activity_lines": [ 112.040216, 111.535902, 110.587583, 110.840331 ] }, { "date": "2024-01-26", "close": 113.303352, "volume": 0, "typical_volume": 39.0, "trend": 111.501826, "fair_value": 103.865763, "relative_strength": -6.235497, "stage": 4, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 27.734374, "energy": 38.369624, "activity_lines": [ 112.542312, 111.93219, 110.877556, 110.94531 ] }, { "date": "2024-02-02", "close": 112.734947, "volume": 0, "typical_volume": 39.0, "trend": 111.452311, "fair_value": 104.093215, "relative_strength": -6.333371, "stage": 4, "regime": "rotation_up", "modifier": "Emerging rotation", "gate": "mixed", "direction": 29.509474, "energy": 45.335472, "activity_lines": [ 112.741259, 112.170837, 111.107477, 111.024866 ] }, { "date": "2024-02-09", "close": 113.919151, "volume": 255, "typical_volume": 51.75, "trend": 111.492283, "fair_value": 104.324793, "relative_strength": -3.087518, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 37.788328, "energy": 52.934657, "activity_lines": [ 113.27494, 112.590259, 111.457964, 111.184017 ] }, { "date": "2024-02-16", "close": 118.892738, "volume": 0, "typical_volume": 51.75, "trend": 111.60739, "fair_value": 104.585781, "relative_strength": -0.393682, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 87.560138, "energy": 81.014248, "activity_lines": [ 115.248591, 113.833014, 112.267443, 111.661466 ] }, { "date": "2024-02-23", "close": 121.819595, "volume": 0, "typical_volume": 51.75, "trend": 111.793489, "fair_value": 104.871396, "relative_strength": 2.52857, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 92.383213, "energy": 92.55699, "activity_lines": [ 117.679975, 115.439123, 113.318648, 112.320317 ] }, { "date": "2024-03-01", "close": 120.295677, "volume": 0, "typical_volume": 51.75, "trend": 111.952235, "fair_value": 105.148221, "relative_strength": 1.237723, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.797807, "energy": 91.318022, "activity_lines": [ 119.067215, 116.590063, 114.152442, 112.868846 ] }, { "date": "2024-03-08", "close": 121.629105, "volume": 0, "typical_volume": 47.45, "trend": 112.191376, "fair_value": 105.422551, "relative_strength": 2.145362, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.662844, "energy": 91.781031, "activity_lines": [ 120.432776, 117.825306, 115.036989, 113.49316 ] }, { "date": "2024-03-15", "close": 120.009933, "volume": 10, "typical_volume": 47.95, "trend": 112.475011, "fair_value": 105.667692, "relative_strength": -0.129068, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.947704, "energy": 87.480526, "activity_lines": [ 120.66567, 118.58808, 115.699998, 113.997583 ] }, { "date": "2024-03-22", "close": 120.295677, "volume": 0, "typical_volume": 38.85, "trend": 112.699401, "fair_value": 105.917369, "relative_strength": -2.323849, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.796353, "energy": 79.068013, "activity_lines": [ 120.587759, 119.23264, 116.326338, 114.502142 ] }, { "date": "2024-03-29", "close": 122.152962, "volume": 0, "typical_volume": 38.85, "trend": 113.007534, "fair_value": 106.166298, "relative_strength": -1.797792, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.218123, "energy": 65.389412, "activity_lines": [ 121.035414, 120.048138, 117.084065, 115.112049 ] }, { "date": "2024-04-05", "close": 119.438461, "volume": 0, "typical_volume": 38.85, "trend": 113.253458, "fair_value": 106.381721, "relative_strength": -4.713141, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.400811, "energy": 51.30791, "activity_lines": [ 120.55601, 120.217801, 117.524438, 115.526948 ] }, { "date": "2024-04-12", "close": 123.105431, "volume": 80, "typical_volume": 42.85, "trend": 113.544646, "fair_value": 106.603855, "relative_strength": -1.432147, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 72.377638, "energy": 54.70218, "activity_lines": [ 121.356078, 120.942639, 118.270612, 116.162559 ] }, { "date": "2024-04-19", "close": 123.819763, "volume": 0, "typical_volume": 38.55, "trend": 113.977454, "fair_value": 106.835286, "relative_strength": -0.308841, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.655218, "energy": 58.389232, "activity_lines": [ 122.295835, 121.608801, 119.026389, 116.82547 ] }, { "date": "2024-04-26", "close": 126.820015, "volume": 0, "typical_volume": 38.55, "trend": 114.500846, "fair_value": 107.080886, "relative_strength": 1.808636, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 82.465027, "energy": 65.849863, "activity_lines": [ 123.981687, 122.640452, 119.999556, 117.654022 ] }, { "date": "2024-05-03", "close": 118.724098, "volume": 0, "typical_volume": 34.25, "trend": 114.903599, "fair_value": 107.263317, "relative_strength": -5.659541, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.192788, "energy": 47.548816, "activity_lines": [ 122.533944, 122.055986, 120.119725, 117.92649 ] }, { "date": "2024-05-10", "close": 123.010178, "volume": 0, "typical_volume": 34.25, "trend": 115.527763, "fair_value": 107.485876, "relative_strength": -4.588502, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 60.487727, "energy": 44.915699, "activity_lines": [ 122.743486, 122.307088, 120.616188, 118.449495 ] }, { "date": "2024-05-17", "close": 123.724518, "volume": 0, "typical_volume": 34.25, "trend": 116.068923, "fair_value": 107.71244, "relative_strength": -5.422053, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 63.968679, "energy": 43.721776, "activity_lines": [ 122.953026, 122.638717, 121.126341, 118.978318 ] }, { "date": "2024-05-24", "close": 121.175323, "volume": 0, "typical_volume": 25.75, "trend": 116.554955, "fair_value": 107.921055, "relative_strength": -7.070554, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 42.29636, "energy": 24.976648, "activity_lines": [ 122.271562, 122.468757, 121.337096, 119.307763 ] }, { "date": "2024-05-31", "close": 119.978416, "volume": 0, "typical_volume": 21.5, "trend": 116.86286, "fair_value": 108.127663, "relative_strength": -6.267574, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.436008, "energy": 22.932709, "activity_lines": [ 121.367425, 122.059988, 121.383744, 119.528631 ] }, { "date": "2024-06-07", "close": 124.670296, "volume": 0, "typical_volume": 17.25, "trend": 117.358577, "fair_value": 108.355444, "relative_strength": -1.662393, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 52.960541, "energy": 29.486134, "activity_lines": [ 122.483355, 122.510057, 121.835075, 120.032337 ] }, { "date": "2024-06-14", "close": 122.324356, "volume": 0, "typical_volume": 17.25, "trend": 117.758817, "fair_value": 108.579634, "relative_strength": 0.050632, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 38.139271, "energy": 21.34164, "activity_lines": [ 122.420892, 122.487822, 122.011111, 120.35271 ] }, { "date": "2024-06-21", "close": 120.12204, "volume": 0, "typical_volume": 17.25, "trend": 118.068368, "fair_value": 108.783232, "relative_strength": -3.052774, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.475615, "energy": 15.099111, "activity_lines": [ 121.670044, 122.012695, 121.934445, 120.505176 ] }, { "date": "2024-06-28", "close": 118.302742, "volume": 0, "typical_volume": 4.5, "trend": 118.362907, "fair_value": 108.970658, "relative_strength": -4.739119, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 2.355669, "energy": 4.137819, "activity_lines": [ 120.55293, 121.26103, 121.649336, 120.520297 ] }, { "date": "2024-07-05", "close": 113.754478, "volume": 0, "typical_volume": 4.5, "trend": 118.5011, "fair_value": 109.124189, "relative_strength": -10.550212, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -38.259941, "energy": 37.908176, "activity_lines": [ 118.111232, 119.782717, 120.910184, 120.222979 ] }, { "date": "2024-07-12", "close": 115.047134, "volume": 28, "typical_volume": 5.9, "trend": 118.601857, "fair_value": 109.289474, "relative_strength": -9.243844, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -32.472322, "energy": 55.077524, "activity_lines": [ 116.51535, 118.776988, 120.318611, 120.000142 ] }, { "date": "2024-07-19", "close": 112.318184, "volume": 75, "typical_volume": 9.65, "trend": 118.625859, "fair_value": 109.40391, "relative_strength": -10.293963, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -50.780943, "energy": 68.900628, "activity_lines": [ 114.651361, 117.34194, 119.499388, 119.594744 ] }, { "date": "2024-07-26", "close": 113.323578, "volume": 0, "typical_volume": 9.65, "trend": 118.67548, "fair_value": 109.488949, "relative_strength": -9.218104, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -42.308194, "energy": 68.1962, "activity_lines": [ 113.789582, 116.28409, 118.813904, 119.252661 ] }, { "date": "2024-08-02", "close": 116.770683, "volume": 0, "typical_volume": 9.15, "trend": 118.879477, "fair_value": 109.57961, "relative_strength": -2.456086, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -36.063841, "energy": 57.545794, "activity_lines": [ 114.530068, 116.042096, 118.496266, 119.129771 ] }, { "date": "2024-08-09", "close": 119.978416, "volume": 1500, "typical_volume": 84.15, "trend": 119.174609, "fair_value": 109.693434, "relative_strength": -0.593004, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -21.927683, "energy": 23.223423, "activity_lines": [ 116.441937, 116.463409, 118.499552, 119.200671 ] }, { "date": "2024-08-16", "close": 119.547516, "volume": 0, "typical_volume": 84.15, "trend": 119.366959, "fair_value": 109.795247, "relative_strength": -2.591127, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -31.894728, "energy": 19.23446, "activity_lines": [ 117.795242, 116.806377, 118.46331, 119.224729 ] }, { "date": "2024-08-23", "close": 116.531296, "volume": 0, "typical_volume": 84.15, "trend": 119.474557, "fair_value": 109.891349, "relative_strength": -6.384636, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -32.008066, "energy": 23.82664, "activity_lines": [ 117.843116, 116.694084, 118.152217, 119.041783 ] }, { "date": "2024-08-30", "close": 117.513397, "volume": 0, "typical_volume": 80.15, "trend": 119.633839, "fair_value": 110.002456, "relative_strength": -6.396414, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -28.51648, "energy": 21.810933, "activity_lines": [ 117.937482, 116.865682, 117.9485, 118.915257 ] }, { "date": "2024-09-06", "close": 116.502419, "volume": 0, "typical_volume": 80.15, "trend": 119.719948, "fair_value": 110.111438, "relative_strength": -3.179157, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -34.884319, "energy": 17.070894, "activity_lines": [ 117.415535, 116.900896, 117.675128, 118.71323 ] }, { "date": "2024-09-13", "close": 115.924721, "volume": 0, "typical_volume": 80.15, "trend": 119.621014, "fair_value": 110.221652, "relative_strength": -4.024415, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -51.55526, "energy": 28.770544, "activity_lines": [ 116.718905, 116.863807, 117.381582, 118.468376 ] }, { "date": "2024-09-20", "close": 112.217842, "volume": 0, "typical_volume": 80.15, "trend": 119.300955, "fair_value": 110.320007, "relative_strength": -7.203984, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -70.621069, "energy": 51.465995, "activity_lines": [ 115.056896, 116.113281, 116.786882, 117.990752 ] }, { "date": "2024-09-27", "close": 119.824188, "volume": 0, "typical_volume": 80.15, "trend": 119.285239, "fair_value": 110.473797, "relative_strength": -1.667508, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -36.478689, "energy": 22.849328, "activity_lines": [ 116.41898, 116.797169, 116.947579, 118.024509 ] }, { "date": "2024-10-04", "close": 119.246483, "volume": 0, "typical_volume": 80.15, "trend": 119.205818, "fair_value": 110.611401, "relative_strength": -1.029741, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -13.811306, "energy": 9.037379, "activity_lines": [ 117.36897, 117.239546, 117.068427, 118.022009 ] }, { "date": "2024-10-11", "close": 118.235512, "volume": 0, "typical_volume": 80.15, "trend": 119.146671, "fair_value": 110.736428, "relative_strength": -1.995232, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -14.951949, "energy": 8.97438, "activity_lines": [ 117.866431, 117.390422, 117.114316, 117.959408 ] }, { "date": "2024-10-18", "close": 118.861336, "volume": 0, "typical_volume": 80.15, "trend": 119.098859, "fair_value": 110.865756, "relative_strength": -1.67015, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -5.533071, "energy": 15.134471, "activity_lines": [ 118.45696, 117.628451, 117.233807, 117.941 ] }, { "date": "2024-10-25", "close": 119.053925, "volume": 0, "typical_volume": 80.15, "trend": 118.995558, "fair_value": 111.007061, "relative_strength": -0.174667, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -4.22242, "energy": 13.929709, "activity_lines": [ 118.915911, 117.921806, 117.376958, 117.938101 ] }, { "date": "2024-11-01", "close": 117.513397, "volume": 0, "typical_volume": 80.15, "trend": 118.931389, "fair_value": 111.124846, "relative_strength": 0.141147, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -6.506671, "energy": 10.675717, "activity_lines": [ 118.405613, 117.944039, 117.400138, 117.842478 ] }, { "date": "2024-11-08", "close": 123.242218, "volume": 40, "typical_volume": 82.15, "trend": 118.935949, "fair_value": 111.280225, "relative_strength": 4.358618, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 37.450115, "energy": 40.502073, "activity_lines": [ 119.958976, 118.990021, 117.991829, 118.120595 ] }, { "date": "2024-11-15", "close": 124.060638, "volume": 0, "typical_volume": 82.15, "trend": 118.943978, "fair_value": 111.425173, "relative_strength": 4.810451, "stage": 2, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 47.573637, "energy": 54.72971, "activity_lines": [ 121.518763, 120.080645, 118.646606, 118.451221 ] }, { "date": "2024-11-22", "close": 125.071594, "volume": 0, "typical_volume": 82.15, "trend": 118.885697, "fair_value": 111.573681, "relative_strength": 6.27654, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 47.854278, "energy": 62.623402, "activity_lines": [ 123.027193, 121.217657, 119.370247, 118.846551 ] }, { "date": "2024-11-29", "close": 127.28611, "volume": 0, "typical_volume": 80.75, "trend": 119.171098, "fair_value": 111.738426, "relative_strength": 7.771877, "stage": 2, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 80.247686, "energy": 82.777425, "activity_lines": [ 124.859778, 122.591002, 120.250903, 119.388513 ] }, { "date": "2024-12-06", "close": 127.450615, "volume": 0, "typical_volume": 77.0, "trend": 119.319112, "fair_value": 111.863108, "relative_strength": 6.416483, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.059125, "energy": 82.510825, "activity_lines": [ 126.198386, 123.720288, 121.088945, 119.922675 ] }, { "date": "2024-12-13", "close": 127.111938, "volume": 0, "typical_volume": 77.0, "trend": 119.432026, "fair_value": 111.987659, "relative_strength": 4.170838, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.48339, "energy": 80.033429, "activity_lines": [ 126.76162, 124.649335, 121.822673, 120.425438 ] }, { "date": "2024-12-20", "close": 122.853889, "volume": 0, "typical_volume": 77.0, "trend": 119.487979, "fair_value": 112.075292, "relative_strength": 2.229182, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 63.030015, "energy": 58.335338, "activity_lines": [ 125.647524, 124.661182, 122.085213, 120.646203 ] }, { "date": "2024-12-27", "close": 125.708694, "volume": 0, "typical_volume": 2.0, "trend": 119.678988, "fair_value": 112.166935, "relative_strength": 3.302404, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 62.570823, "energy": 47.546057, "activity_lines": [ 125.565479, 125.108115, 122.590673, 121.04754 ] }, { "date": "2025-01-03", "close": 125.176468, "volume": 0, "typical_volume": 2.0, "trend": 119.69586, "fair_value": 112.265957, "relative_strength": 2.172222, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 48.024759, "energy": 35.614683, "activity_lines": [ 125.263552, 125.333781, 123.018157, 121.402216 ] }, { "date": "2025-01-10", "close": 118.208771, "volume": 0, "typical_volume": 2.0, "trend": 119.558674, "fair_value": 112.375722, "relative_strength": -3.514487, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 16.049593, "energy": 17.701222, "activity_lines": [ 122.779702, 124.181275, 122.755246, 121.306275 ] }, { "date": "2025-01-17", "close": 118.499084, "volume": 0, "typical_volume": 2.0, "trend": 119.504576, "fair_value": 112.492306, "relative_strength": -6.434192, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.031424, "energy": 17.755894, "activity_lines": [ 121.008746, 123.068909, 122.511996, 121.237914 ] }, { "date": "2025-01-24", "close": 117.966835, "volume": 0, "typical_volume": 2.0, "trend": 119.493379, "fair_value": 112.625016, "relative_strength": -8.310929, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -6.693062, "energy": 24.273079, "activity_lines": [ 119.634564, 121.94601, 122.213362, 121.138705 ] }, { "date": "2025-01-31", "close": 122.031303, "volume": 0, "typical_volume": 2.0, "trend": 119.769273, "fair_value": 112.773574, "relative_strength": -5.557986, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 3.04584, "energy": 22.68013, "activity_lines": [ 119.941008, 121.672902, 122.294847, 121.302442 ] }, { "date": "2025-02-07", "close": 134.757034, "volume": 160, "typical_volume": 10.0, "trend": 120.426269, "fair_value": 113.001083, "relative_strength": 3.836507, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 70.107383, "energy": 35.349413, "activity_lines": [ 124.734522, 123.768841, 123.559227, 122.269394 ] }, { "date": "2025-02-14", "close": 136.402176, "volume": 0, "typical_volume": 10.0, "trend": 121.229069, "fair_value": 113.224616, "relative_strength": -0.071226, "stage": 2, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 81.206543, "energy": 79.90817, "activity_lines": [ 129.437712, 126.028061, 124.872958, 123.300098 ] }, { "date": "2025-02-21", "close": 139.765228, "volume": 0, "typical_volume": 10.0, "trend": 122.110458, "fair_value": 113.482899, "relative_strength": 3.365617, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.875418, "energy": 93.721136, "activity_lines": [ 134.049026, 128.73599, 126.428037, 124.495979 ] }, { "date": "2025-02-28", "close": 145.017365, "volume": 0, "typical_volume": 10.0, "trend": 123.052014, "fair_value": 113.785405, "relative_strength": 4.724718, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 89.243154, "energy": 95.992146, "activity_lines": [ 138.993309, 132.168793, 128.385611, 125.973844 ] }, { "date": "2025-03-07", "close": 144.287903, "volume": 385, "typical_volume": 29.25, "trend": 123.86233, "fair_value": 114.084114, "relative_strength": 0.868816, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 79.699119, "energy": 92.558129, "activity_lines": [ 141.89107, 135.065994, 130.146179, 127.343902 ] }, { "date": "2025-03-14", "close": 138.743973, "volume": 9, "typical_volume": 29.7, "trend": 124.502212, "fair_value": 114.335264, "relative_strength": -3.004432, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 67.863957, "energy": 87.310546, "activity_lines": [ 141.45708, 136.617405, 131.257676, 128.304008 ] }, { "date": "2025-03-21", "close": 141.418686, "volume": 0, "typical_volume": 29.7, "trend": 125.331791, "fair_value": 114.60532, "relative_strength": -0.178226, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 66.200611, "energy": 72.822597, "activity_lines": [ 141.648866, 138.408444, 132.530145, 129.395393 ] }, { "date": "2025-03-28", "close": 140.105621, "volume": 0, "typical_volume": 27.7, "trend": 126.084866, "fair_value": 114.875812, "relative_strength": 0.935541, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.217015, "energy": 60.438596, "activity_lines": [ 141.068529, 139.538747, 133.563725, 130.348543 ] }, { "date": "2025-04-04", "close": 135.777496, "volume": 0, "typical_volume": 27.7, "trend": 126.727368, "fair_value": 115.09839, "relative_strength": 8.394057, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 48.007174, "energy": 41.797337, "activity_lines": [ 139.022791, 139.489271, 134.104802, 130.973874 ] }, { "date": "2025-04-11", "close": 122.452629, "volume": 350, "typical_volume": 45.2, "trend": 126.944965, "fair_value": 115.216202, "relative_strength": -0.921235, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.452789, "energy": 16.391003, "activity_lines": [ 133.151422, 136.693262, 133.321048, 130.698085 ] }, { "date": "2025-04-18", "close": 122.647141, "volume": 0, "typical_volume": 45.2, "trend": 127.292608, "fair_value": 115.333737, "relative_strength": -5.627926, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -3.971493, "energy": 25.237323, "activity_lines": [ 128.800576, 133.924958, 132.568291, 130.420806 ] }, { "date": "2025-04-25", "close": 126.051323, "volume": 0, "typical_volume": 45.2, "trend": 127.50018, "fair_value": 115.480833, "relative_strength": -6.227379, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -20.811854, "energy": 34.490198, "activity_lines": [ 126.657579, 131.995777, 132.161832, 130.340723 ] }, { "date": "2025-05-02", "close": 126.975311, "volume": 0, "typical_volume": 45.2, "trend": 127.757807, "fair_value": 115.652615, "relative_strength": -6.758776, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -21.396371, "energy": 36.463635, "activity_lines": [ 125.847068, 130.42279, 131.850035, 130.30686 ] }, { "date": "2025-05-09", "close": 126.829407, "volume": 0, "typical_volume": 45.2, "trend": 128.04427, "fair_value": 115.824752, "relative_strength": -10.779159, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -21.630498, "energy": 34.125438, "activity_lines": [ 125.863277, 129.05582, 131.524993, 130.246964 ] }, { "date": "2025-05-16", "close": 127.8993, "volume": 210, "typical_volume": 55.7, "trend": 128.345536, "fair_value": 116.032126, "relative_strength": -12.395317, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -17.782784, "energy": 23.798439, "activity_lines": [ 126.832657, 128.214065, 131.282915, 130.237611 ] }, { "date": "2025-05-23", "close": 123.182091, "volume": 0, "typical_volume": 55.7, "trend": 128.483141, "fair_value": 116.166954, "relative_strength": -14.366021, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -28.188513, "energy": 26.046215, "activity_lines": [ 125.866521, 126.812611, 130.581147, 129.904485 ] }, { "date": "2025-05-30", "close": 124.316681, "volume": 0, "typical_volume": 55.7, "trend": 128.709917, "fair_value": 116.308701, "relative_strength": -14.198072, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -22.64739, "energy": 24.541025, "activity_lines": [ 125.24292, 125.90039, 129.996933, 129.635681 ] }, { "date": "2025-06-06", "close": 123.876541, "volume": 0, "typical_volume": 55.7, "trend": 128.731062, "fair_value": 116.461421, "relative_strength": -14.61567, "stage": 4, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -22.676191, "energy": 25.611117, "activity_lines": [ 124.588247, 125.219088, 129.341715, 129.323851 ] }, { "date": "2025-06-13", "close": 122.702812, "volume": 0, "typical_volume": 55.7, "trend": 128.685801, "fair_value": 116.630667, "relative_strength": -13.271861, "stage": 4, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -36.777669, "energy": 43.754806, "activity_lines": [ 123.748917, 124.619455, 128.549106, 128.934931 ] }, { "date": "2025-06-20", "close": 118.154655, "volume": 0, "typical_volume": 55.7, "trend": 128.455236, "fair_value": 116.752957, "relative_strength": -15.784702, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -76.233218, "energy": 67.450616, "activity_lines": [ 121.66864, 123.430606, 127.300787, 128.255503 ] }, { "date": "2025-06-27", "close": 123.289688, "volume": 0, "typical_volume": 47.7, "trend": 128.322022, "fair_value": 116.910521, "relative_strength": -13.549309, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.199633, "energy": 53.960472, "activity_lines": [ 121.949684, 123.253545, 126.55998, 127.922241 ] }, { "date": "2025-07-04", "close": 124.267784, "volume": 0, "typical_volume": 47.7, "trend": 128.215928, "fair_value": 117.025074, "relative_strength": -12.054927, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -57.496244, "energy": 46.21979, "activity_lines": [ 122.549587, 123.242636, 125.966931, 127.660678 ] }, { "date": "2025-07-11", "close": 125.001358, "volume": 0, "typical_volume": 47.7, "trend": 128.145575, "fair_value": 117.133011, "relative_strength": -13.322795, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.546906, "energy": 36.690606, "activity_lines": [ 123.397274, 123.397533, 125.501528, 127.453286 ] }, { "date": "2025-07-18", "close": 125.24588, "volume": 80, "typical_volume": 51.7, "trend": 128.225308, "fair_value": 117.248764, "relative_strength": -13.058989, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -37.990181, "energy": 21.087768, "activity_lines": [ 124.251481, 123.632778, 125.129718, 127.266209 ] }, { "date": "2025-07-25", "close": 121.088959, "volume": 0, "typical_volume": 32.45, "trend": 128.071317, "fair_value": 117.319243, "relative_strength": -17.380342, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -50.860128, "energy": 28.567604, "activity_lines": [ 123.55051, 123.141011, 124.45616, 126.805799 ] }, { "date": "2025-08-01", "close": 122.996254, "volume": 0, "typical_volume": 32.0, "trend": 127.998643, "fair_value": 117.416095, "relative_strength": -13.564282, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -40.09496, "energy": 25.11616, "activity_lines": [ 123.289683, 123.119849, 124.074721, 126.478376 ] }, { "date": "2025-08-08", "close": 119.328369, "volume": 296, "typical_volume": 46.8, "trend": 128.035963, "fair_value": 117.500282, "relative_strength": -20.42351, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -65.898369, "energy": 41.053249, "activity_lines": [ 121.82579, 122.435177, 123.418948, 125.919003 ] }, { "date": "2025-08-15", "close": 123.729828, "volume": 0, "typical_volume": 46.8, "trend": 128.210321, "fair_value": 117.608085, "relative_strength": -19.259371, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.452212, "energy": 35.58758, "activity_lines": [ 122.158345, 122.641468, 123.287554, 125.641188 ] }, { "date": "2025-08-22", "close": 123.925446, "volume": 0, "typical_volume": 46.8, "trend": 128.408941, "fair_value": 117.724316, "relative_strength": -17.836304, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -49.189, "energy": 29.310065, "activity_lines": [ 122.640874, 122.885993, 123.252771, 125.364745 ] }, { "date": "2025-08-29", "close": 121.724716, "volume": 0, "typical_volume": 29.3, "trend": 128.398722, "fair_value": 117.826914, "relative_strength": -16.025009, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -54.168672, "energy": 30.409445, "activity_lines": [ 122.477856, 122.708155, 123.064832, 124.933504 ] }, { "date": "2025-09-05", "close": 121.439438, "volume": 0, "typical_volume": 29.3, "trend": 127.954802, "fair_value": 117.921996, "relative_strength": -15.600587, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -52.493675, "energy": 26.140078, "activity_lines": [ 122.177361, 122.413539, 122.85319, 124.484518 ] }, { "date": "2025-09-12", "close": 124.931625, "volume": 0, "typical_volume": 29.3, "trend": 127.57245, "fair_value": 118.047283, "relative_strength": -13.834172, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -29.284933, "energy": 14.270325, "activity_lines": [ 123.144716, 122.787507, 122.979889, 124.289475 ] }, { "date": "2025-09-19", "close": 122.767464, "volume": 0, "typical_volume": 29.3, "trend": 127.005858, "fair_value": 118.158816, "relative_strength": -14.736961, "stage": 4, "regime": "downward_expansion", "modifier": "Established contraction", "gate": "down", "direction": -31.960738, "energy": 16.384206, "activity_lines": [ 123.017134, 122.755921, 122.905808, 123.979476 ] }, { "date": "2025-09-26", "close": 127.587654, "volume": 0, "typical_volume": 29.3, "trend": 126.424868, "fair_value": 118.321152, "relative_strength": -11.578272, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": 1.295288, "energy": 7.135993, "activity_lines": [ 124.56044, 123.641349, 123.310831, 124.017011 ] }, { "date": "2025-10-03", "close": 125.669411, "volume": 0, "typical_volume": 18.8, "trend": 125.804251, "fair_value": 118.46823, "relative_strength": -14.4337, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -6.337776, "energy": 14.011822, "activity_lines": [ 125.220183, 124.135428, 123.529553, 123.968272 ] }, { "date": "2025-10-10", "close": 120.308182, "volume": 0, "typical_volume": 18.8, "trend": 125.189725, "fair_value": 118.580703, "relative_strength": -16.140973, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -29.064855, "energy": 13.045855, "activity_lines": [ 123.829871, 123.571458, 123.248301, 123.613687 ] }, { "date": "2025-10-17", "close": 122.324783, "volume": 55, "typical_volume": 21.55, "trend": 124.553262, "fair_value": 118.700417, "relative_strength": -12.760023, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -29.722466, "energy": 11.831084, "activity_lines": [ 123.187177, 123.423016, 123.172791, 123.428852 ] }, { "date": "2025-10-24", "close": 122.275604, "volume": 0, "typical_volume": 21.55, "trend": 123.958928, "fair_value": 118.800385, "relative_strength": -14.058508, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -34.1538, "energy": 18.460055, "activity_lines": [ 122.701878, 123.211152, 123.102082, 123.281906 ] }, { "date": "2025-10-31", "close": 117.996445, "volume": 40, "typical_volume": 23.55, "trend": 123.366226, "fair_value": 118.834181, "relative_strength": -19.066593, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -62.902351, "energy": 40.651531, "activity_lines": [ 120.822984, 122.2477, 122.631459, 122.89723 ] }, { "date": "2025-11-07", "close": 126.45639, "volume": 303, "typical_volume": 38.7, "trend": 123.499685, "fair_value": 118.931803, "relative_strength": -11.825289, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -27.342051, "energy": 15.397154, "activity_lines": [ 122.403486, 122.930219, 122.988955, 123.096595 ] }, { "date": "2025-11-14", "close": 126.16127, "volume": 0, "typical_volume": 38.7, "trend": 123.616822, "fair_value": 119.0318, "relative_strength": -13.337884, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 19.20291, "energy": 11.246352, "activity_lines": [ 123.833149, 123.47305, 123.278813, 123.26831 ] }, { "date": "2025-11-21", "close": 130.44043, "volume": 0, "typical_volume": 38.7, "trend": 123.763126, "fair_value": 119.142551, "relative_strength": -8.718949, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 36.865185, "energy": 40.620803, "activity_lines": [ 126.298993, 124.708059, 123.962535, 123.708543 ] }, { "date": "2025-11-28", "close": 130.686356, "volume": 0, "typical_volume": 38.7, "trend": 123.886827, "fair_value": 119.248451, "relative_strength": -12.013768, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 66.874915, "energy": 62.407536, "activity_lines": [ 128.305769, 125.887621, 124.640286, 124.155203 ] }, { "date": "2025-12-05", "close": 124.712799, "volume": 0, "typical_volume": 34.7, "trend": 123.816274, "fair_value": 119.322486, "relative_strength": -16.629893, "stage": 1, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 54.031864, "energy": 55.415042, "activity_lines": [ 127.760643, 125.837102, 124.722055, 124.208491 ] }, { "date": "2025-12-12", "close": 126.394096, "volume": 0, "typical_volume": 34.7, "trend": 123.7661, "fair_value": 119.404324, "relative_strength": -15.301623, "stage": 4, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 53.467839, "energy": 50.136476, "activity_lines": [ 127.328192, 126.144544, 124.966486, 124.374803 ] }, { "date": "2025-12-19", "close": 130.894043, "volume": 2, "typical_volume": 34.8, "trend": 124.023165, "fair_value": 119.522387, "relative_strength": -13.966165, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.783052, "energy": 44.628673, "activity_lines": [ 128.399876, 127.256982, 125.614221, 124.83467 ] }, { "date": "2025-12-26", "close": 130.152313, "volume": 0, "typical_volume": 20.0, "trend": 124.217686, "fair_value": 119.63141, "relative_strength": -14.101875, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.685772, "energy": 35.213361, "activity_lines": [ 128.908799, 128.042089, 126.153706, 125.230099 ] }, { "date": "2026-01-02", "close": 127.185303, "volume": 0, "typical_volume": 20.0, "trend": 124.327979, "fair_value": 119.721772, "relative_strength": -17.118949, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 51.904054, "energy": 32.119774, "activity_lines": [ 128.447926, 128.145422, 126.359076, 125.421558 ] }, { "date": "2026-01-09", "close": 130.25119, "volume": 44, "typical_volume": 22.2, "trend": 124.579591, "fair_value": 119.843689, "relative_strength": -15.461211, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 59.134207, "energy": 45.139796, "activity_lines": [ 129.242419, 128.716921, 126.839981, 125.803701 ] }, { "date": "2026-01-16", "close": 136.828033, "volume": 0, "typical_volume": 22.2, "trend": 125.202037, "fair_value": 120.025503, "relative_strength": -11.90551, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.262661, "energy": 63.677353, "activity_lines": [ 131.859967, 130.261396, 127.917129, 126.593923 ] }, { "date": "2026-01-23", "close": 128.569901, "volume": 78, "typical_volume": 26.1, "trend": 125.378044, "fair_value": 120.150095, "relative_strength": -17.542509, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 55.122082, "energy": 38.56716, "activity_lines": [ 131.029208, 130.115818, 128.135868, 126.811204 ] }, { "date": "2026-01-30", "close": 129.509445, "volume": 0, "typical_volume": 26.1, "trend": 125.552766, "fair_value": 120.282494, "relative_strength": -17.735972, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 53.344099, "energy": 39.444185, "activity_lines": [ 130.666574, 130.097272, 128.410133, 127.077746 ] }, { "date": "2026-02-06", "close": 135.740143, "volume": 15, "typical_volume": 26.85, "trend": 125.910726, "fair_value": 120.4221, "relative_strength": -14.066885, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 72.564348, "energy": 59.49494, "activity_lines": [ 132.423697, 131.228507, 129.255999, 127.734996 ] }, { "date": "2026-02-13", "close": 136.135727, "volume": 0, "typical_volume": 26.85, "trend": 126.273721, "fair_value": 120.561384, "relative_strength": -12.604269, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.832156, "energy": 47.699279, "activity_lines": [ 133.742358, 132.33978, 130.077764, 128.394674 ] }, { "date": "2026-02-20", "close": 137.373871, "volume": 0, "typical_volume": 26.85, "trend": 126.816551, "fair_value": 120.719341, "relative_strength": -13.967825, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.583201, "energy": 67.434513, "activity_lines": [ 135.081432, 133.46848, 130.976743, 129.110813 ] }, { "date": "2026-02-27", "close": 141.997757, "volume": 1, "typical_volume": 26.9, "trend": 127.449934, "fair_value": 120.901795, "relative_strength": -8.781286, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 80.87003, "energy": 81.714257, "activity_lines": [ 137.925412, 135.238255, 132.260356, 130.090245 ] }, { "date": "2026-03-06", "close": 135.534271, "volume": 59, "typical_volume": 27.1, "trend": 127.990131, "fair_value": 121.060759, "relative_strength": -7.574738, "stage": 3, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 62.360232, "energy": 67.522485, "activity_lines": [ 137.719706, 135.630965, 132.825116, 130.611815 ] }, { "date": "2026-03-13", "close": 139.412354, "volume": 0, "typical_volume": 27.1, "trend": 128.512882, "fair_value": 121.242669, "relative_strength": -1.988425, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.35414, "energy": 66.489682, "activity_lines": [ 138.40504, 136.630926, 133.696315, 131.348733 ] }, { "date": "2026-03-20", "close": 135.285675, "volume": 0, "typical_volume": 25.1, "trend": 128.891556, "fair_value": 121.399203, "relative_strength": -3.146794, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 58.82997, "energy": 44.222877, "activity_lines": [ 137.469999, 136.658273, 134.092892, 131.785687 ] }, { "date": "2026-03-27", "close": 133.992981, "volume": 0, "typical_volume": 9.95, "trend": 129.300498, "fair_value": 121.532497, "relative_strength": -4.901836, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 41.917235, "energy": 26.190311, "activity_lines": [ 136.160731, 136.359048, 134.284027, 132.114811 ] }, { "date": "2026-04-03", "close": 133.545502, "volume": 0, "typical_volume": 9.95, "trend": 129.704034, "fair_value": 121.664538, "relative_strength": -7.688968, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 36.597576, "energy": 19.885351, "activity_lines": [ 134.927696, 136.03001, 134.396656, 132.388683 ] }, { "date": "2026-04-10", "close": 136.628082, "volume": 0, "typical_volume": 9.95, "trend": 130.093916, "fair_value": 121.805572, "relative_strength": -10.734247, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.023387, "energy": 19.791517, "activity_lines": [ 135.285671, 136.170975, 134.767701, 132.835395 ] }, { "date": "2026-04-17", "close": 136.329788, "volume": 1, "typical_volume": 10.0, "trend": 130.545993, "fair_value": 121.929443, "relative_strength": -12.543409, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.369648, "energy": 18.17832, "activity_lines": [ 135.471294, 136.128275, 135.080872, 133.23771 ] }, { "date": "2026-04-24", "close": 135.037079, "volume": 0, "typical_volume": 10.0, "trend": 130.794307, "fair_value": 122.038448, "relative_strength": -9.801733, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.120663, "energy": 18.382426, "activity_lines": [ 135.431519, 135.839817, 135.244054, 133.527457 ] }, { "date": "2026-05-01", "close": 134.987366, "volume": 370, "typical_volume": 28.5, "trend": 131.104906, "fair_value": 122.156704, "relative_strength": -9.970231, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 34.742621, "energy": 19.053455, "activity_lines": [ 135.391745, 135.562295, 135.353339, 133.797977 ] }, { "date": "2026-05-08", "close": 132.203094, "volume": 0, "typical_volume": 28.4, "trend": 131.501403, "fair_value": 122.246944, "relative_strength": -12.709133, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.504196, "energy": 7.514405, "activity_lines": [ 134.357589, 134.821933, 135.156535, 133.868828 ] }, { "date": "2026-05-15", "close": 129.667404, "volume": 0, "typical_volume": 28.4, "trend": 131.746157, "fair_value": 122.312855, "relative_strength": -13.605091, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -3.799836, "energy": 13.415457, "activity_lines": [ 132.567696, 133.798621, 134.712002, 133.750505 ] }, { "date": "2026-05-22", "close": 132.501404, "volume": 0, "typical_volume": 28.4, "trend": 132.087017, "fair_value": 122.437855, "relative_strength": -13.140779, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "up", "direction": 7.095552, "energy": 16.855261, "activity_lines": [ 132.186515, 133.397252, 134.539684, 133.799231 ] }, { "date": "2026-05-29", "close": 126.949997, "volume": 0, "typical_volume": 26.2, "trend": 132.385469, "fair_value": 122.498115, "relative_strength": -18.571499, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -34.3945, "energy": 47.18151, "activity_lines": [ 130.210091, 132.11219, 133.813345, 133.46781 ] }, { "date": "2026-06-05", "close": 130.100006, "volume": 0, "typical_volume": 26.2, "trend": 132.506923, "fair_value": 122.586081, "relative_strength": -15.248317, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -20.208238, "energy": 45.170685, "activity_lines": [ 129.822809, 131.551415, 133.402727, 133.320361 ] }, { "date": "2026-06-12", "close": 133.699997, "volume": 0, "typical_volume": 22.3, "trend": 132.758214, "fair_value": 122.673379, "relative_strength": -14.890144, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -21.901662, "energy": 25.840026, "activity_lines": [ 130.961347, 131.715965, 133.367004, 133.397334 ] }, { "date": "2026-06-19", "close": 132.399994, "volume": 0, "typical_volume": 22.3, "trend": 132.823532, "fair_value": 122.771881, "relative_strength": -18.755206, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -21.431355, "energy": 19.748923, "activity_lines": [ 131.566758, 131.641342, 133.183042, 133.374223 ] }, { "date": "2026-06-26", "close": 136.399994, "volume": 0, "typical_volume": 21.55, "trend": 133.013987, "fair_value": 122.886405, "relative_strength": -14.277897, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 17.235122, "energy": 14.903102, "activity_lines": [ 133.32333, 132.370866, 133.366267, 133.604962 ] }, { "date": "2026-07-03", "close": 144.0, "volume": 0, "typical_volume": 21.55, "trend": 133.656894, "fair_value": 123.0773, "relative_strength": -11.262895, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "up", "direction": 71.134166, "energy": 49.795922, "activity_lines": [ 137.353331, 134.480932, 134.270161, 134.313737 ] }, { "date": "2026-07-10", "close": 144.850006, "volume": 348, "typical_volume": 38.95, "trend": 134.272091, "fair_value": 123.283262, "relative_strength": -9.232089, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 82.939863, "energy": 80.368026, "activity_lines": [ 140.53, 136.582583, 135.217558, 135.035874 ] }, { "date": "2026-07-17", "close": 134.800003, "volume": 740, "typical_volume": 75.9, "trend": 134.402289, "fair_value": 123.407367, "relative_strength": -13.481508, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 56.57848, "energy": 59.378705, "activity_lines": [ 139.373335, 136.67764, 135.172212, 135.069932 ] }, { "date": "2026-07-24", "close": 131.0, "volume": 0, "typical_volume": 72.95, "trend": 134.430546, "fair_value": 123.502004, "relative_strength": -16.701242, "stage": 3, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 24.133315, "energy": 27.299747, "activity_lines": [ 136.876668, 136.034571, 134.799236, 134.85043 ] }, { "date": "2026-07-31", "close": 134.050003, "volume": 215, "typical_volume": 83.7, "trend": 134.659369, "fair_value": 123.620701, "relative_strength": -14.326277, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "up", "direction": 18.326613, "energy": 8.962542, "activity_lines": [ 135.490002, 135.921819, 134.738328, 134.825879 ] }, { "date": "2026-08-07", "close": 130.899994, "volume": 0, "typical_volume": 83.7, "trend": 134.680996, "fair_value": 123.726119, "relative_strength": -18.426673, "stage": 3, "regime": "balance", "modifier": "Upper balance after advance", "gate": "mixed", "direction": -27.488617, "energy": 24.486841, "activity_lines": [ 133.21, 135.208181, 134.402954, 134.583338 ] } ], "method": { "price_basis": "completed market observations", "trend": "Trend provides the primary directional reference.", "fair_value": "Fair Value provides long-term price context and is not a forecast or target.", "relative_strength": "Relative Strength shows leadership or lagging performance against the market benchmark.", "classification": "The SM framework combines Trend, Activity, Fair Value, Relative Strength and participation into a structural read." } } }